The SAIMM is a professional institute with local and international links aimed at assisting members source information about technological developments in the mining, metallurgical and related sectors.

News

Mark Cutifani, Chief Executive of Anglo American joins an esteemed group of mining andinvestor heavyweights as the keynote speaker at the 2014Joburg Indaba in October.

Cutifani, with more than 38 years in the mining industry, has working experience in 25 operating environments and with 20 commodities and is widely recognized as an industry innovator.

The Joburg Indaba is aimed at building a competitive, sustainable, and legitimate mining industry through strategic conversations. ‘Mark’s broad industry, technical, and commercial knowledge is a prime example of the calibre of speakers joining the critical conversations at this year’s event’ states Bernard Swanepoel, moderator at the 2014 Indaba.

Opportunities and solutions that could outline the route to a competitive and sustainable mining industry will be thrashed out at this year’s event amongst various leaders, game-changers, and entrepreneurs in both the mining and investment sectors.

Robert Friedland will be back again to join colleagues in thought-provoking discussions alongside Graham Briggs, Valli Moosa, Mike Teke, Noah Greenhill, Peter Leon, Michael Spicer, and many others.

If anything, discussions from the inaugural event were open, honest, and outright blunt. The vast majority (91%) of attendees citied that a strong, supportive, and visible political leadership of the mining sector was vital, while concerns were voiced on current regulatory issues, and the dire need for local government to clearly state its position on mining as SA’s economic driver. Special focus will be given at this year’s event to the labour issues that have crippled the industry and the challenging trade-offs between cost, productivity, and unemployment, highlighted by the mechanization versuslabour debate.

The majority of the attendees recognized that the industry needs to fundamentally change direction in order to prosper. To join the conversation on 8-10 October 2014, visit www.joburgindaba.com <">http://www.joburgindaba.com>A

SAIMM on twitter

Other mining news

Steelmakers in China are about to get back to business full-time. When unprecedented winter supply curbs lapse in the coming weeks, BHP Billiton forecasts mills in the top producer will step up output, boosting run rates through the second quarter to make up for curtailments.
The resumption will be gradual as provinces step back from curbs designed to fight air pollution, according to chief commercial officer Arnoud Balhuizen, who presented the outlook from the world’s largest miner for commodities including iron ore and steel. At present, the restrictions are set to ease from mid-March.

NYSE-listed US gold major Newmont Mining has replaced all the gold reserves it unearthed in 2017 and managed to grow its global resource base too, it announced on Wednesday.
Gold reserves now total 68.5-million ounces for 2017, unchanged from 2016 as additions and revisions fully replaced depletion, the Denver, Colorado-based miner advised.

Southern Africa-focused miner Lucara Diamond Corp has reported an 8% drop in full-year profit as lower production and fewer 'special' sales weighed on the bottom line.
The Vancouver-based miner, which operates its flagship Karowe mine, in Africa's top mining jurisdiction Botswana, to $65.1-million, or $0.17 a share, down from 2016 earnings of $70.7-million, or $0.19 a share.